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Re: JohnCM post# 7543

Sunday, 11/17/2013 1:24:29 PM

Sunday, November 17, 2013 1:24:29 PM

Post# of 46663
A "deal" with Iran with removal of restrictions will put more Iranian oil on the open market.

Currently Iran is forced to sell oil primarily to China at less than $40.00 a barrel.

Gold could see $1,050 in three months.

All IMHO.

p.s. I watch ABX and the price of gold as an indicator of the price movement of NUGT. If ABX goes to $17.50 I expect NUGT will hit $38.00.